Subject: File No. S7-08-09
From: Bruce H McDonald

May 20, 2009

Simple...common stock can't be borrowed. Make people that want to take a position in the downside of a stock buy a put. Then prosecute anyone who would make false statements about a company.

Eliminate the decimal point trades....they are using this feature to flood bids and asks using 4 decimal places to control stock activity and create fake volatility.

It can be tolerated that people can sell stuff they don't own, have an interest in or in the case of commodities..can't take delivery.

These things must be done. It will also fix the credit default swap issue...they won't bet companies will fail if their abilities to make them fail are limited.

By the way...why does JP Morgan control silver markets???